Company News
NAHL Group's profits dive amid 'significant transition'
The National Accident Helpline on Tuesday recorded a drop in annual profit, revenue and dividend as the outfit progresses with plans to deal with regulatory pressures.
Pelatro inks $500,000 revenue share deal with Kazakhstan-based telco
Multichannel marketing outfit Pelatro has inked a five-year revenue share deal with Kazakhstan-based telecommunications firm Tele2.
Bango makes dent in losses as end user spend doubles
Bango's losses persisted last year even though revenue increased thanks to a doubling of spending by end users of its carrier billing technology.
TP Icap profit drops as broker takes goodwill charge
TP Icap’s annual profit fell as the interdealer broker took a £65m charge on the reduced value of its assets.
Bloomsbury Publishing ends year in line with expectations
Bloomsbury Publishing issued a pre-close trading update for the 12 months ended 28 February on Tuesday, saying it expected results for the year to be in line with the board's expectations.
Roche gets FDA approval for Tecentriq chemotherapy combination
Roche announced on Tuesday that the US Food and Drug Administration (FDA) has approved ‘Tecentriq’ (atezolizumab), in combination with carboplatin and etoposide chemotherapy, for the initial treatment of adults with extensive-stage small cell lung cancer.
Focusrite revenues boosted by strong European showing
Music and audio products supplier Focusrite saw revenues move ahead in the first half of its trading year, driven by particularly strong sales in Europe.
Cambridge Cognition wins biggest digital health contract to date
Neuroscience technology company Cambridge Cognition Holdings announced a “significant” new contract on Tuesday, providing its digital health technologies to a major pharmaceutical company for application in a clinical stage development programme.
Amiad Water names Avishay Afriat as next CFO
Water treatment and filtration outfit Amiad has elevated Avishay Afriat to the role of chief financial officer and vice president of finance, effective immediately.
Oncimmune acquires Protagen Diagnostics in £4.11m deal
Oncimmune Holdings has acquired Protagen Diagnostics for a total consideration of up to £4. 11m, it announced on Tuesday, to be paid by the allotment of up to 2,635,910 Oncimmune ordinary shares at 156p each 0 a premium of 71% to the closing mid-market price on 18 March.
Standard Life Aberdeen wins dispute against Lloyds
Standard Life Aberdeen said on Tuesday that a tribunal has ruled in its favour in respect of its investment mandate dispute with Lloyds Banking Group.
The Gym Group profits rise as new gyms opened, membership grows
The Gym Group reported a rise in full-year profits and revenue on Tuesday as it opened new gyms and increased its membership numbers.
Kier appoints Andrew Davies as new CEO
Construction, services and property group Kier has appointed Andrew Davies as its new chief executive with effect from 15 April.
Asos remains confident despite slower sales growth
Asos shares dipped on Tuesday after the online clothing retailer's sales grew more slowly than expected amid "challenging" conditions in its largest European markets and with its US operations struggling to keep up with demand.
Bonmarche shares tumble as it issues another profit warning
Shares in Bonmarche tumbled on Tuesday after the womenswear retailer warned of a worse-than-expected full-year loss - its third profit warning in six months - as trading since the beginning of March has been "significantly" weaker.
HgCapital offloads investment in Foundry to Roper Technologies
HgCapital Trust announced the sale of high‑end visual effects and 3D design software developer Foundry to diversified technology company Roper Technologies on Tuesday, for £410m in cash.
Ferrexpo delays 2018 results amid Blooming Land review
Ferrexpo announced it was delaying the publication of its 2018 results on Tuesday, due to ongoing work on the independent review into its charitable donations to Blooming Land.
Ocado sees only temporary setback from Andover fire
Ocado's sales were only slightly dented by the huge fire at one of its robot-operated depots during the quarter, but the full impact is still not yet known.
Mulberry finance chief steps down
Mulberry Group chief finance director Neil Ritchie will stand down from the handbag maker after three years' service.
SSE wins regulator's approval for Shetland wind farm link
Energy regulator Ofgem has approved SSE's plans to build a new subsea electricity transmission link to connect wind farms in Shetland to mainland Scotland.